S&P: Impact Of Marcellus Shale On U.S. Energy Industry

Supply dynamics in the U.S. natural gas industry are rapidly evolving, and the Appalachian region in the Northeast U.S. is a significant proponent of change, according to a new report published by Standard & Poor's ratings services.Specifically, the region is home to the sprawling Marcellus shale, which could contain recoverable resources equal to almost half of the current proven natural gas reserves in the U.S. Since production in the region is largely undeveloped, increasingly rapid development is attracting new exploration and production activity—a trend that is already affecting long-standing national...